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Political Parties and Elections Act 2009

Write the words of this act the way you think they should read. Solon shows your change as a redline against the published text and pins it to that exact text, so it can never be applied to wording you did not see.

Change 1

What to do with it
As published

16 Control of loans etc to members associations: responsible persons

(1) Schedule 7A to the 2000 Act (control of loans etc to members associations etc) is amended as follows. (2) In paragraph 1 (operation and construction of Schedule)— (a) in sub-paragraph (7)(d), the words after “(in relation to a members association)” are omitted; (b) after sub-paragraph (7) there is inserted— (7A) Paragraphs 1A and 1B of Schedule 7 apply for the purposes of this Schedule, in relation to controlled transactions, as they apply for the purposes of that Schedule in relation to controlled donations. (7B) Paragraph 1A(1)(b) of Schedule 7, as it applies by virtue of sub-paragraph (7A) above, has effect as if for sub-paragraphs (i) and (ii) there were substituted— (i) enters into a controlled transaction which is a recordable transaction for the purposes of paragraph 9 of Schedule 7A, or (ii) enters into a controlled transaction falling within paragraph 5 or 6(1)(b) of that Schedule, . (7C) A notice under paragraph 1A of Schedule 7 also has effect as a notice under the Schedule 7A version of that paragraph. The “Schedule 7A version” of paragraph 1A of Schedule 7 means that paragraph as it applies, in relation to controlled transactions, by virtue of sub-paragraph (7A) above. (3) In paragraph 12 (offence of failing to deliver transaction report), in sub-paragraph (1) and in sub-paragraph (2), for paragraphs (a) and (b) and the words following paragraph (b) there is substituted— (a) in the case of a regulated participant other than a members association, the regulated participant is guilty of an offence; (b) in the case of a members association, the association and the responsible person are guilty of an offence.

Your change, as a redline

16 Control of loans etc to members associations: responsible persons

(1) Schedule 7A to the 2000 Act (control of loans etc to members associations etc) is amended as follows. (2) In paragraph 1 (operation and construction of Schedule)— (a) in sub-paragraph (7)(d), the words after “(in relation to a members association)” are omitted; (b) after sub-paragraph (7) there is inserted— (7A) Paragraphs 1A and 1B of Schedule 7 apply for the purposes of this Schedule, in relation to controlled transactions, as they apply for the purposes of that Schedule in relation to controlled donations. (7B) Paragraph 1A(1)(b) of Schedule 7, as it applies by virtue of sub-paragraph (7A) above, has effect as if for sub-paragraphs (i) and (ii) there were substituted— (i) enters into a controlled transaction which is a recordable transaction for the purposes of paragraph 9 of Schedule 7A, or (ii) enters into a controlled transaction falling within paragraph 5 or 6(1)(b) of that Schedule, . (7C) A notice under paragraph 1A of Schedule 7 also has effect as a notice under the Schedule 7A version of that paragraph. The “Schedule 7A version” of paragraph 1A of Schedule 7 means that paragraph as it applies, in relation to controlled transactions, by virtue of sub-paragraph (7A) above. (3) In paragraph 12 (offence of failing to deliver transaction report), in sub-paragraph (1) and in sub-paragraph (2), for paragraphs (a) and (b) and the words following paragraph (b) there is substituted— (a) in the case of a regulated participant other than a members association, the regulated participant is guilty of an offence; (b) in the case of a members association, the association and the responsible person are guilty of an offence.

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Who it helps, what it costs, what it fixes. It is what persuades people to support it.

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